Bubblemaps (BMT): From Chaos to Clarity—How to Reconstruct On-Chain Data Analysis with Bubble Maps

In crypto investing, the pain point isn’t just losing money, but realizing that the project you invested in is essentially a scam, and all the clues have long been on the blockchain. The problem is, for most investors, raw on-chain data is like a cryptic book—dense transaction records, hard-to-trace wallet relationships, hidden whale clusters. What if there was a way to turn this chaotic information into clear, visualized charts? That is exactly the mission of Bubblemaps (BMT).

What is Bubblemaps? A detective tool built specifically for DeFi and NFTs

Bubblemaps is not an ordinary data query tool. It is developed specifically for auditing token distributions and wallet interactions, transforming complex blockchain data into an interactive bubble map. Each bubble represents a wallet, with size reflecting token holdings; lines connecting bubbles show direct interactions between wallets, allowing you to clearly see token flows.

The core value of this technology lies in—breaking down technical barriers. You don’t need to be a blockchain expert; you can understand complex token ecosystems and suspicious fund movements purely through visual cues.

Supports Multi-Chain Ecosystem

Bubblemaps has expanded to multiple mainstream blockchain networks, including:

• Ethereum: Tracking ERC-20 token distribution and holder relationships
• Solana: In-depth analysis of on-chain SPL token data
• BNB Chain: Studying token holding patterns within the BEP-20 ecosystem
• Avalanche: Exploring liquidity and distribution in the AVAX ecosystem
• Sonic (formerly Fantom): Visualizing token structures of FTM-related projects

The platform also integrates with major partners like Etherscan, OpenSea Pro, DexScreener, and DEXTools, greatly enhancing data depth and usability.

How does Bubblemaps work? Decoding the “black box” on the chain

When you input a token or wallet address into Bubblemaps, the system automatically generates an interactive map. This process seems simple but relies on powerful data processing capabilities:

Four main functions of the visualization engine:

1. Wallet Exploration: Click any bubble to see detailed info—token holdings, transaction history, wallet scores, etc.
2. Relationship Discovery: Find hidden wallet clusters through connections, identifying potential behind-the-scenes manipulators or insiders.
3. Custom Analysis: Flexibly filter and highlight specific wallets, transactions, or token holders, focusing on the most critical info.
4. Time Travel: Activate the “time travel” feature to replay historical data, observing how token distribution, balances, and interactions evolve over time.

Using these features together can reveal many truths hidden beneath the surface.

Real-world Cases: How Bubblemaps exposes on-chain scams

LIBRA Incident: $107 million hidden extraction

LIBRA is a popular token on Solana supported by political figures. Initially promising, but Bubblemaps analysis immediately exposed issues—82% of tokens concentrated in a wallet cluster. Insiders secretly built unilateral liquidity pools and quietly extracted over $107 million in liquidity, without triggering price alerts or causing market panic. This discovery severely undermined investor confidence in the Solana ecosystem.

HAWK: Celebrity endorsement pre-sale trap

The HAWK token, endorsed by celebrities, seemed legitimate, but Bubblemaps revealed the truth—80% of tokens controlled by the team, with an additional 16% secretly unlocked for pre-sale participants. After trading started, these pre-sale addresses began dumping, causing the price to collapse. This case vividly illustrates the risks of celebrity endorsements in crypto projects.

The illusion of decentralization in Uniswap

As a flagship DeFi DEX, Uniswap is seen as a decentralization model. But Bubblemaps shows that venture capital firm a16z controls over 4% of UNI tokens through 11 related wallets—enough to pass governance thresholds alone. This exposes the hidden centralization risk behind the seemingly decentralized platform.

Shiba Inu whale secrets

Although SHIB claims to be highly decentralized, Bubblemaps uncovered a large whale cluster holding over 10% of the total supply. These tokens were initially bought with just $10,000, then dispersed across multiple wallets to hide ownership—implying covert influence possibly linked to project founders.

Squiggles NFT: Exposing fake transactions

In this NFT project, Bubblemaps clearly visualized a circular arbitrage pattern where three main wallets repeatedly transferred ETH among 25 wallets. This artificially inflated trading volume and floor price. The findings align with independent investigations by chain sleuth CoffeeZilla, successfully protecting investors.

Practical value and distribution mechanism of BMT tokens

The native token BMT of Bubblemaps is not only a governance tool but also a key to unlocking advanced platform features.

Core uses of BMT include:

• Submitting and voting on on-chain investigation topics via Intel Desk, participating in community-driven research
• Gaining access to premium analysis tools, including P&L calculations, cross-chain analysis, and AI-driven wallet cluster interpretations
• Participating in platform incentive programs by contributing investigations and earning rewards

Token distribution structure:

Total supply is 1 billion BMT, evenly allocated across BNB Chain and Solana.

On Solana, the initial deployer wallet holds 757 million BMT (~75.7%). Of these, 348.8 million BMT are transferred into a vesting contract for controlled release, while 408.1 million BMT are bridged via LayerZero’s OFT cross-chain bridge to BNB Chain to balance supply. Currently, 384 million BMT are locked in Solana’s vesting contract for gradual community and ecosystem distribution.

On BNB Chain, the 408.1 million BMT bridged from Solana are combined with other allocated tokens, forming the following locked distribution (protected via Unicrypt):

• Protocol development & R&D: 60 million BMT
• Team (current and future): 90 million BMT
• Ecosystem & community: 206.7 million BMT
• Liquidity: 51.45 million BMT

This dual-chain deployment aims to maximize liquidity and community engagement across both ecosystems.

Quick start guide to Bubblemaps: Five steps to become an on-chain detective

1. Visit the official website: Open bubblemaps.io and click “Launch App”
2. Select target chain: Choose from supported networks (e.g., Ethereum or Solana)
3. Enter search object: Input token symbol or wallet address
4. Interact with the map: Explore token distribution and wallet relationships layer by layer
5. Activate advanced features: If holding BMT, unlock premium tools like time analysis and AI insights

Why is Bubblemaps worth paying attention to? Core advantages summarized

Visualization power: Traditional on-chain data is just cold numbers and addresses. Bubblemaps transforms it into intuitive graphical interfaces. Wallet relationships, fund flows, and distribution patterns are instantly understandable, even without technical background.

Fraud detection capability: Bubblemaps makes coordinated sell-offs, whale accumulation, fake transactions, and suspicious activities transparent. You can spot red flags early before making investment decisions.

Cross-chain aggregation: Data from Ethereum, Solana, BNB Chain, Avalanche, Polygon, Arbitrum, and more are consolidated into one platform, reducing the time spent switching tools.

Community-driven research: Intel Desk enables ordinary investors to participate in on-chain investigations, democratizing transparency in crypto.

Real-time data: On-chain activity monitoring is live, allowing you to seize fleeting market opportunities or issue timely warnings.

Investor protection: By clearly displaying interaction relationships and distribution patterns, Bubblemaps boosts community confidence and reduces fraud risks in DeFi and NFT sectors.

Future roadmap of Bubblemaps: What’s next?

The platform is evolving rapidly, with several major updates planned:

Official release of Bubblemaps V2: The new version will introduce a more powerful analysis engine, with enhanced features like P&L calculations, cross-chain analysis, and AI-powered wallet cluster explanations, greatly improving the user experience.

Decentralization of Intel Desk: This research hub will evolve into a true DAO, with BMT holders having full voting and proposal rights.

Strategic ecosystem integrations: Deep integration with mainstream analytics platforms, DEXs, and blockchain explorers is expected, making Bubblemaps an essential tool.

Multi-chain expansion: Support for more blockchains will be added gradually to broaden influence.

Mobile app development: A mobile app will enable users to access on-chain data and real-time alerts anytime, anywhere.

Summary: Finding clarity in the crypto fog

Bubblemaps turns complex on-chain data into interactive bubble maps, empowering every investor to become an on-chain detective. It has exposed LIBRA’s liquidity extraction, HAWK’s pre-sale scam, Uniswap’s hidden centralization, SHIB’s whale clusters, and Squiggles’ fake transactions—cases that demonstrate the power of bubble maps in identifying fraud and manipulation.

BMT tokens are not only governance tools but also access passes to advanced analysis features. With the upcoming V2 and the decentralization of Intel Desk, Bubblemaps is building a community-driven ecosystem for on-chain transparency.

However, even with such powerful tools, crypto investing remains risky. Always conduct independent research, assess your risk tolerance rationally, and make cautious decisions.